Agricultural chemicals: Assessing the digital journey

| September 4, 2017

article image
As agricultural chemical companies embrace digital technology, they are running into challenges. But they are also seeing real business benefits from digital technology and they expect more. That’s a key takeaway from a recent Accenture study exploring various aspects of the supply chain in the crop protection segment of the chemical industry. The research “Agricultural Chemicals 2016 Supply Chain Benchmarking Study” looked at a number of leading companies across geographies to develop a deeper understanding of the drivers of supply chain performance, from finance to logistics and, of course, the increasing use of digital technology.

Spotlight

Chemco Industries, Inc.

CHEMCO Industries, Inc. has been supplying environmentally safe nano cleaning and maintenance products, industrial chemicals and lubricants to municipalities, industry and private institutions since 1975. Our customer list includes Anheuser-Busch, Inc, AT&T, Boeing, Defense Logistics Agency, General Motors, SouthwestBell, Illinois Dept. of Transportation, General Services Administration, State Farm Insurance, National Maintenance, CAM LLC, Scott AFB, and numerous State and Local Agencies to mention a few.

OTHER ARTICLES

Chemical Accidents Lead To Increase In Investigations

Article | February 17, 2020

In the last two years, the U.S. Chemical Safety Board (CSB) has launched investigations into seven separate chemical accidents or explosions in the Houston area. Prior to 2018, the CSB only conducted roughly one investigation per year. Investigators believe that the massive increase in accidents which require an investigation by the CSB is due to a variety of factors such as the large number of chemical companies in the Houston area, the age of the infrastructure, and companies being allowed to self-regulate. Many of these explosions and fires have directly led to the deaths of workers, bystanders, millions of dollars in property damage, and the evacuation of tens of thousands of local residents who risk being exposed to toxic chemicals.

Read More

The supply-chain inflation threat to petrochemicals demand

Article | May 9, 2021

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

Read More

Taiwan Amends the Toxic Chemical Substance Operators Liability Insurance Measures

Article | March 1, 2020

Taiwan amended the Toxic Chemical Substances Operation Liability Insurance Measures and renamed it the Toxic and Concerned Chemical Substance Operators Liability Insurance Measures. The Measures require operators to obtain liability insurance before operation if the total amount during the manufacture, use, storage, and transportation of toxic chemicals of the first to third categories or hazardous chemical substances of concern reach a specified benchmark.

Read More

Petrochemicals markets complexity is only going to grow and grow

Article | May 13, 2021

NICE WORK, if you get can get it. A trucking company in Fort Worth, Texas, is offering to pay experienced drivers $14,000 a week – $728,000 a year – as the US struggles with a nationwide shortage of truckers or lorry drivers. This reminds me of perhaps an apocryphal tale, from the height of the last Australian mining boom. Before iron ore prices collapsed in late 2014, there was a story about workers at mining site road junctions who operated manual “Stop and Go” signs. They were said to be earning more than Australian dollar (A$) 200,000 a year. Before you pack in your job as, say, a petrochemicals sales manager and head to Texas or mine sites in Western Australia, there is the risk that when you arrive at the door of your new prospective employer, the bubble might have already burst. This is assuming we are in bubble conditions.The pressure is clearly building in petrochemicals and other commodity markets as prices in some regions remain at record highs or continue to rise. Today’s prices are the results of shortages of commodities supply (for example in petrochemicals, an outcome of the US winter storms), very strong demand and supply chain disruptions.I am beginning to believe that the latter is the biggest reason for commodity price inflation which is feeding through into sharp rises in the cost of finished goods – and a lack of goods availability. It is delivering and manufacturing enough stuff that seems to be at the heart of today’s problems due to shortages of everything from container freight space and semiconductors to wooden pallets, tin cans, metal drums, cardboard – and US truck drivers.

Read More

Spotlight

Chemco Industries, Inc.

CHEMCO Industries, Inc. has been supplying environmentally safe nano cleaning and maintenance products, industrial chemicals and lubricants to municipalities, industry and private institutions since 1975. Our customer list includes Anheuser-Busch, Inc, AT&T, Boeing, Defense Logistics Agency, General Motors, SouthwestBell, Illinois Dept. of Transportation, General Services Administration, State Farm Insurance, National Maintenance, CAM LLC, Scott AFB, and numerous State and Local Agencies to mention a few.

Events